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BUILD 34,500 SQ. FT. OR POSSIBLY MORE WITH FLORIDA LIVE LOCAL ACT OF A CONDO, HOTEL, CONDO HOTEL, OR HOSTEL. CURRENT HOSTEL, HOTEL & 5AM LIQUOR LICENSES OPERATING FOR OVER 13 YEARS IS BIKINI HOSTEL, CAFE & BEER GARDEN. A PROFITABLE 11,200 SQ. FT. HOSTEL HOTEL WITH 35 ROOMS, OVER 200 BEDS, RESTAURANT / BAR WITH 188 CAPACITY, 90 FOOD SERVICE SEATS AND A 5AM ALCOHOL LICENSE. KEEP AS IS OR DEMOLISH & DEVELOP THE LAST GROUND UP OPPORTUNITY ALLOWED OF A NEW HOTEL OR CONDO-HOTEL ON WEST AVE. ORDINANCE RESTRICTS OTHERS FROM DEVELOPMENT IN THE FUTURE.
| DAYS ON MARKET | 1,894 | LAST UPDATED | 11/1/2024 |
|---|---|---|---|
| TRACT | Miami Beach | YEAR BUILT | 0 |
| COMMUNITY | 32 | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to Nov 1, '24 | $15,000,000 |
|---|---|
| Nov 1, '24 - Today | $19,900,000 |
| ADDITIONAL DETAILS | |
| AREA | 32 |
|---|---|
| INTERIOR | Other |
| LOT | 0.33 acre(s) |
| SUBDIVISION | Miami Beach |
| TAXES | 75000 |
| UTILITIES | Other |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay |
| WATER | Public |
| ZONING | 40/MUL M |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with The Muskat Group, Inc.
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